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Author Topic: Crypto is becoming legal in my country! Any business idea?  (Read 1316 times)
jrrsparkles
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September 18, 2020, 03:48:49 PM
 #101

Crypto is a "lazy" process but you are lucky to have it in your country
Many countries already recognized the existence of crypto currencies but they are really not sure about regulating it or just banning it because not much people in the old class is going to understand about crypto currencies.

Seems OP not much active but its already the September.









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September 18, 2020, 05:28:14 PM
 #102

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!
After a few years of making money in this crypto market, I also realized that the two most stable crypto businesses are opening an intermediary exchange or mining coin. When your country is legalized, the taxation will not be too high and mining will also provide a very stable source of income for you.
It is also a good idea to open an intermediary exchange as you can make a lot of money based on the volume of transactions per day in your country. Please depend on the situation as well as the price to make the most suitable choice.


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September 18, 2020, 06:25:06 PM
 #103

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!
After a few years of making money in this crypto market, I also realized that the two most stable crypto businesses are opening an intermediary exchange or mining coin. When your country is legalized, the taxation will not be too high and mining will also provide a very stable source of income for you.
It is also a good idea to open an intermediary exchange as you can make a lot of money based on the volume of transactions per day in your country. Please depend on the situation as well as the price to make the most suitable choice.

Mining is definatepy not a stable business.  Between price fluctuations in crypto as well as hardware always changing.  If crypto is becoming legal why not start a traditional business and just accept crypto as a form of payment.  That would hedge yourself.

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September 18, 2020, 10:49:43 PM
 #104

It is wonderful to know cryptocurrencies especially bitcoin is beginning to be accepted by the government. I do hope that other countries follow suit.
As to what business you can do, I'd say you become OTC (over-the-counter) guy. Since it's becoming legal, a lot of the citizens would be happy to know there is someone who can change my bitcoin into fiat without having to go through the stress of making an exchange on sites.
They'd be glad to know there's someone who buys and sells bitcoin. You can make money by charging a small fee for each transactions made.

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September 20, 2020, 03:39:34 PM
 #105

When there is legal support for cryptocurrency usage from a government any business idea will get good earning. Maybe one won't get big earning at the beginning, but for the one who have patience earning out of cryptocurrency will happen for sure. In my view it is good to start accepting cryptocurrencies into the traditional business. It is good to partner with any of the online store and start accepting crypto and pay them in fiat. If there is good business one can get good earning out of it.

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September 21, 2020, 03:50:30 PM
 #106

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!
That's great, man. If it were possible for me to suggest a business, I would give an online transportation business idea and create your crypto. Like Uber, but not just a travel service. Customers will also get food delivery services from a restaurant and also deliver goods to one city.
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September 21, 2020, 05:10:58 PM
 #107

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!
After a few years of making money in this crypto market, I also realized that the two most stable crypto businesses are opening an intermediary exchange or mining coin. When your country is legalized, the taxation will not be too high and mining will also provide a very stable source of income for you.
It is also a good idea to open an intermediary exchange as you can make a lot of money based on the volume of transactions per day in your country. Please depend on the situation as well as the price to make the most suitable choice.

Mining is definatepy not a stable business.  Between price fluctuations in crypto as well as hardware always changing.  If crypto is becoming legal why not start a traditional business and just accept crypto as a form of payment.  That would hedge yourself.

If it is only used as a form of payment, there is no big benefit from the government legalizing crypto, before it was legalized crypto could also be a form of payment right?  seems like another idea for this legalization, you can start trading, mining or other things that can make a profit from the crypto.  The point is don't just focus on one way of investing.
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September 21, 2020, 06:45:38 PM
 #108

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!
That bodes well for crypto believers in Albania.  I find that intermediary exchanges are really essential and the demand will be great for a country that legalizes crypto.  If you have large capital, you should open an intermediary exchange, which will get rich very quickly.
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September 21, 2020, 07:47:04 PM
 #109

First of all Congrats.
I have read about a lot of cryptocurrency business ideas on the internet. I want to share some of these with you. It may help you.

1.You can start a Cryptocurrency exchange.
2. Cryptocurrency MLM Business.
3. Cryptocurrency Escrow Services.
4. Cryptocurrency Wallet Business.
5. Cryptocurrency Lending.
6. Buy and Sell Bitcoin Online like Paxful or Localbitcoins.
7. Cryptocurrency Based Online Gambling.

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September 21, 2020, 10:39:10 PM
 #110

First of all Congrats.
I have read about a lot of cryptocurrency business ideas on the internet. I want to share some of these with you. It may help you.

1.You can start a Cryptocurrency exchange.
2. Cryptocurrency MLM Business.
3. Cryptocurrency Escrow Services.
4. Cryptocurrency Wallet Business.
5. Cryptocurrency Lending.
6. Buy and Sell Bitcoin Online like Paxful or Localbitcoins.
7. Cryptocurrency Based Online Gambling.

Those businesses require large sum of money. So the OP can start looking for private investors on this venture. Local exchange is a good one as crypto users in your local area will need that to convert in your local fiat. But of course, you need to be ready for the paperwork on this business also. It is good to set-up your business in all legal ways so you will not be wasting your time here.
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September 21, 2020, 11:14:33 PM
 #111

First of all Congrats.
I have read about a lot of cryptocurrency business ideas on the internet. I want to share some of these with you. It may help you.

1.You can start a Cryptocurrency exchange.
2. Cryptocurrency MLM Business.
3. Cryptocurrency Escrow Services.
4. Cryptocurrency Wallet Business.
5. Cryptocurrency Lending.
6. Buy and Sell Bitcoin Online like Paxful or Localbitcoins.
7. Cryptocurrency Based Online Gambling.

Those businesses require large sum of money. So the OP can start looking for private investors on this venture. Local exchange is a good one as crypto users in your local area will need that to convert in your local fiat. But of course, you need to be ready for the paperwork on this business also. It is good to set-up your business in all legal ways so you will not be wasting your time here.
I think number 3 is not really that expensive to get you started, because to start as an escrow service at least you only need popularity and good trust for the business to finally be able and maybe easy to run or operate.

After all, if the use of cryptocurrency is legal for many purposes such as use for multiple transactions and also for trading, then I think it will be very easy for you to develop any business that can involve cryptocurrency. For example, you can start a business that you used to do before but this time you can accept and involve cryptocurrency for payments and many other transactions, I think it will be easier when compared to starting a new business where you basically don't have the skills to develop it.

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September 22, 2020, 06:35:48 AM
 #112

First of all Congrats.
I have read about a lot of cryptocurrency business ideas on the internet. I want to share some of these with you. It may help you.

1.You can start a Cryptocurrency exchange.
2. Cryptocurrency MLM Business.
3. Cryptocurrency Escrow Services.
4. Cryptocurrency Wallet Business.
5. Cryptocurrency Lending.
6. Buy and Sell Bitcoin Online like Paxful or Localbitcoins.
7. Cryptocurrency Based Online Gambling.

Those businesses require large sum of money. So the OP can start looking for private investors on this venture.

Yup, All of these ideas really need a large amount of money, relationships with many people, groups and even companies to run well. If the OP owns the capital, this kind of business is quite promising.  OP can create startups in the crypto field, and that requires a lot of capital.
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September 22, 2020, 07:39:07 AM
 #113

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!
cryptocurrencies has been the center of discoursion allover the world and taking the advantage of it by teaching other on how to use blockchain and trading. Many people like to make money online and that will help you make money too.
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September 22, 2020, 08:00:13 AM
 #114

Create any shop or cafe that accept cryptocurrency as well as fiat, but put more stress on accepting crypto (maybe a discount for a good if pay in crypto). Trust me, people will always be needing something to eat and drink, so you always will be in a victorious situation.

You mess with the meow meow
You get the peow peow
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September 22, 2020, 09:20:20 AM
 #115

Hello all,
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?

Thanks!!
Depend on how much is your capital and your knowledge about the said business mate,because it is very easy to open a business but harder to make it progress.

try Online gambling,this business is mostly profiting but of course there is a call for Big budget to make it great,and it will take time for at least months or year before you finally taste the product of your business.









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happen or be a part of it"

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September 22, 2020, 10:12:49 AM
 #116

Create any shop or cafe that accept cryptocurrency as well as fiat, but put more stress on accepting crypto (maybe a discount for a good if pay in crypto). Trust me, people will always be needing something to eat and drink, so you always will be in a victorious situation.
This could be a good business for not only will he earn some crypto also he can make crypto known to peole who still didn't know about cryptocurrency and cafe is popular to the youths and the best people to educate about crypto is the young ones so its gonna be a good business.
For me i suggest that you use your skills in your business, offer your servives if you think your skill will be a good shot, you can also see and analyze your community to what is popular these days and you can take that as a business idea because a business that always go with the trend will mostly succeed
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September 22, 2020, 11:03:42 AM
 #117

Yes, there are many business you can start with and you begin making your money.
You can start a restaurant where bitcoin is accept for payment, because many people will be looking for where to eat and pay with their Bitcoin.
Bitcoin exchange is also good for such country which their government just newly legalized bitcoin. Bitcoin exchange like where people can buy and sell their coins, such business will bring good development and a good profit to the owner.

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Dorodha
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September 22, 2020, 01:13:03 PM
 #118

First of all congratulations to you that crypto has become legal in your country there are many work sites in crypto you can do as you wish. It is better to go ahead with the work that is more skilled it has less risk. Adequate money is needed to do that trade and investment are better but it requires capital. It is not possible to invest without capital it is also possible to earn some money by day trading but for this you need to have knowledge about trading. Also a lot of gambling is great.
carter34
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September 22, 2020, 01:37:16 PM
 #119


it is also possible to earn some money by day trading but for this you need to have knowledge about trading. Also a lot of gambling is great.

Trading will be a good business if you can train yourself and have the knowledge for it. It is a good way to earn. You have to be adequately informed with everything about it. Your government approving it will open up many opportunity for the youths to buy, hodl and earn in cryptocurrency.
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September 23, 2020, 04:09:01 AM
 #120

First of all congratulations to you that crypto has become legal in your country there are many work sites in crypto you can do as you wish. It is better to go ahead with the work that is more skilled it has less risk. Adequate money is needed to do that trade and investment are better but it requires capital. It is not possible to invest without capital it is also possible to earn some money by day trading but for this you need to have knowledge about trading. Also a lot of gambling is great.

Glad to hear your government understands the real mean of bitcoin and they're now supporting it.
I hope our government takes a look and make it legal like yours.

Anyways I think the best thing you can do is now start buying it and save them for the long term.
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